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Archive
- 4/17/2025 -
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Molson Coors Brewing Company (TAP) Technical Analysis
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| Summary:
| | Weekly : | | Daily :
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| | It was the negative week for the Molson Coors Brewing Company (TAP). During the week, the TAP dropped -1.94 points, or -3.20%, and closed at 58.75 on Thursday, April 17, 2025. Weekly volume was 6% above average.
TAP is a member of Consumer Staples Sector. Consumer Staples is the most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
 Long-term trend: [See TAP long-term trend chart]
A long-term downtrend had started on July 26, 2023 at 70.90 and reached 49.19 on June 14, 2024. TAP lost 21.71 points, or 30.62%, in 46 weeks. The price is now at the 44.04% retracement level.
 Medium-term trend: [See TAP medium-term trend chart]
A medium-term uptrend had started on January 13, 2025 at 51.91 and reached 64.66 on March 10, 2025. TAP gained -12.75 points, or -24.56%, in 8 weeks. The chart has formed a Symmetric Triangle chart pattern. The uptrend support line (60.43) is broken. A broken support is considered to be a long-term bearish signal. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend support in a medium-term trend.
 Weekly Technical Indicators: [See TAP weekly technical indicators chart]
Weekly technical indicators are neutral.
The weekly MACD line is above its signal line since February 21, 2025. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current medium-term uptrend is getting weak. Use the following link to access a MACD help.
Short-term trend: [See TAP short-term trend chart]
A short-term downtrend had started on April 3, 2025 at 63.50 and reached 57.75 on April 9, 2025. TAP lost 5.75 points, or 9.06%, in 6 days. The price is now at the 17.39% retracement level.
Daily Technical Indicators: [See TAP daily technical indicators chart]
Daily technical indicators are neutral.
The daily MACD line is below its signal line since April 7, 2025. This is an indication that the short-term trend is down.
During the last week, the price has declined below the moving average in the center of the Bollinger Bands. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.
During the last week, the price has crossed below the 50 Day Moving Average. Such crossover is considered a bearish signal. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.
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